[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 37.

PS92

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Quote from: Rigorous on December 28, 2018, 06:53:04 PM

Quote from: DuskNetwork on December 28, 2018, 06:43:23 AM

Quote from: berrehili on December 26, 2018, 05:24:40 PM

Everyone talks about STOs but no one exactly knows how it will interact with the legacy jurisdictions... What do you code in a security token? Equity? Voting rights? Votes? Dividends?
If it's Dividends and equity isn't this a convertible note? Debt?

I think we still have to wait for regulation to follow through this before you make any hasty decision around STOs.

If STO done right it doesn't interfere with the legacy legal rules as per that jurisdiction. Just need to know what type of STO is compatible within which jurisdiction.

E.g. in the Netherlands STO'ing equity would require a notary deed (from a notary) every time equity changes hands. This wouldn't make it the greatest fit.
Now if we use a construction such as the dutch STAK, we are able to trade economic rights derived from the equity without requiring a notary. Thus making it viable to STO economic rights (which in many respects are similar to equity) in the Netherlands. Its a matter of knowing what can be done, and how it should be done.

Do such constructions exist in most other countries too or is the legal situation of the Netherlands one of the exceptions?

And is this a form of legal arbitrage in which the situation could change as soon as the regulators or government notice such constructions are circumventing the intention of the law?

might be the other way around first: the law changing to support these new constructions, as the dutch government is quite supportive of this technology

Token Williams

newbie

Activity: 310

Merit: 0

Quote from: DuskNetwork on December 28, 2018, 05:24:04 AM

[DUSK PODCAST] Analysis in Chains

We had a great interview with Nathan from Analysis in Chains in which we talked about our Protocol, the secondary markets, how we are building a fully decentralized solution, and the importance of having a clear target market.

How to learn more about Dusk Network
What is Dusk Network? Dusk eliminates the middlemen in regulated markets by using cryptography to implement privacy and trading restrictions on chain. This means we offer Security Tokenization that is private, scalable, and cheap.

Please consider joining us at the following media:

Damn, how much shows/podcast do you guys do? Keep it up!

Rigorous

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Quote from: DuskNetwork on December 28, 2018, 06:43:23 AM

Quote from: berrehili on December 26, 2018, 05:24:40 PM

Everyone talks about STOs but no one exactly knows how it will interact with the legacy jurisdictions... What do you code in a security token? Equity? Voting rights? Votes? Dividends?
If it's Dividends and equity isn't this a convertible note? Debt?

I think we still have to wait for regulation to follow through this before you make any hasty decision around STOs.

If STO done right it doesn't interfere with the legacy legal rules as per that jurisdiction. Just need to know what type of STO is compatible within which jurisdiction.

E.g. in the Netherlands STO'ing equity would require a notary deed (from a notary) every time equity changes hands. This wouldn't make it the greatest fit.
Now if we use a construction such as the dutch STAK, we are able to trade economic rights derived from the equity without requiring a notary. Thus making it viable to STO economic rights (which in many respects are similar to equity) in the Netherlands. Its a matter of knowing what can be done, and how it should be done.

Do such constructions exist in most other countries too or is the legal situation of the Netherlands one of the exceptions?

And is this a form of legal arbitrage in which the situation could change as soon as the regulators or government notice such constructions are circumventing the intention of the law?

belechau

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Activity: 686

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Quote from: traveler007 on December 28, 2018, 03:01:09 PM

Quote from: martinholly167 on December 28, 2018, 08:09:00 AM

I just read an article about the difference between STO and IPO here https://medium.com/@Comistar/security-token-offerings-sto-vs-initial-public-offerings-ipo-6a8885ee721a
Its written there that STO has lower costs and complexity, programmable set up, and more simple for global investment.
I don't know whether this article is concrete or not but it gives me insight. Whats your opinion about this article?

I think the main different is that security tokens will be licensed and regulated by SEC and other financial institutions. And investors will be protected from scam. This is themain different. We have scammed many times by fake ICOs etc. So I hope security tokens will be next step in crypto and we will be able invest without risk Roll Eyes

The SEC's intervention in the crypt bothers me a lot, but this can be a step further this time, unless it's something very strict and narrow, which throws too much of the concept we're looking for. I hope we have news stories related to STO soon, and consequently the whole crypto

traveler007

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ZooomEx- a new cryptocurrency exchange!

Quote from: martinholly167 on December 28, 2018, 08:09:00 AM

I just read an article about the difference between STO and IPO here https://medium.com/@Comistar/security-token-offerings-sto-vs-initial-public-offerings-ipo-6a8885ee721a
Its written there that STO has lower costs and complexity, programmable set up, and more simple for global investment.
I don't know whether this article is concrete or not but it gives me insight. Whats your opinion about this article?

I think the main different is that security tokens will be licensed and regulated by SEC and other financial institutions. And investors will be protected from scam. This is themain different. We have scammed many times by fake ICOs etc. So I hope security tokens will be next step in crypto and we will be able invest without risk Roll Eyes

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: DuskNetwork on December 28, 2018, 10:39:18 AM

Dusk will hit the market as an ERC20 placeholder until the release of our mainnet (Q2 2019)

So if i hold it in Bitfinex, will the swap be automatic or do i have to do anything to get swapped dusk tokens when the time comes?

DuskNetwork

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Activity: 474

Merit: 21

Quote from: pynetx on December 28, 2018, 10:29:28 AM

Quote from: DuskNetwork on December 28, 2018, 06:00:04 AM

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

Listing already? Will it be an ERC20 token or DUSK's own net?

Dusk will hit the market as an ERC20 placeholder until the release of our mainnet (Q2 2019)

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: MandatoryOption on December 28, 2018, 09:05:02 AM

Quote from: DuskNetwork on December 28, 2018, 06:00:04 AM

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

Sorry for the stupid question but when you say that you will be listed on the second week of January, does this mean your token sale is officially over?

There will be an update soon on the private sale phase!

matjas

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Quote from: mr.robot8 on December 28, 2018, 07:30:50 AM

Quote from: DuskNetwork on December 28, 2018, 06:00:04 AM

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

so the listing on these two exchanges was delayed due to technical problems, of organization but maybe it's better to start from the new year maybe with better quotations

I dont mind they are delaying exchange listing, there is so much uncertainty now that is better to wait a bit and see what new year brings. I am sure lots of project are struggling in this circumstances and have to remodel their initial plan.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: DuskNetwork on December 28, 2018, 06:00:04 AM

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

Listing already? Will it be an ERC20 token or DUSK's own net?

MandatoryOption

member

Activity: 546

Merit: 12

Quote from: DuskNetwork on December 28, 2018, 06:00:04 AM

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

Sorry for the stupid question but when you say that you will be listed on the second week of January, does this mean your token sale is officially over? I haven't found any information. And if you finished your sale already, can you release the information about how much you were able to raise in total or is this confidential?

martinholly167

sr. member

Activity: 658

Merit: 250

I just read an article about the difference between STO and IPO here https://medium.com/@Comistar/security-token-offerings-sto-vs-initial-public-offerings-ipo-6a8885ee721a
Its written there that STO has lower costs and complexity, programmable set up, and more simple for global investment.
I don't know whether this article is concrete or not but it gives me insight. Whats your opinion about this article?

mr.robot8

full member

Activity: 938

Merit: 159

Quote from: DuskNetwork on December 28, 2018, 06:00:04 AM

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

so the listing on these two exchanges was delayed due to technical problems, of organization but maybe it's better to start from the new year maybe with better quotations

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: berrehili on December 26, 2018, 05:24:40 PM

Everyone talks about STOs but no one exactly knows how it will interact with the legacy jurisdictions... What do you code in a security token? Equity? Voting rights? Votes? Dividends?
If it's Dividends and equity isn't this a convertible note? Debt?

I think we still have to wait for regulation to follow through this before you make any hasty decision around STOs.

If STO done right it doesn't interfere with the legacy legal rules as per that jurisdiction. Just need to know what type of STO is compatible within which jurisdiction.

E.g. in the Netherlands STO'ing equity would require a notary deed (from a notary) every time equity changes hands. This wouldn't make it the greatest fit.
Now if we use a construction such as the dutch STAK, we are able to trade economic rights derived from the equity without requiring a notary. Thus making it viable to STO economic rights (which in many respects are similar to equity) in the Netherlands. Its a matter of knowing what can be done, and how it should be done.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: MandatoryOption on December 27, 2018, 03:16:09 PM

Quote from: kraterion on December 27, 2018, 06:30:21 AM

Quote from: bitcoin-shark on December 26, 2018, 03:20:47 PM

next year will be the year of the sto according to me have both advantages and disadvantages for example the bounty for the sto almost certainly will require kyc that i do not really like, the positive part is that somehow will bring dividends for their possession, dusk should speed up the realization of the project to be among the first offering this technology (security token / privatechain), one of the first choices in short...

IF there ever will be bounties, for example I didn't see bounties for every STO issued on Swarm (which maybe is one of the reasons that only one tuned out really succesull so far)

What do you take as a scale to call the STOs on Swarm succesfull? Did they reach their hardcap/softcap?

I think it's not possible to say whether it's because they had no bounties or because they were just the first of their kind (STO).

I agree with you, it's not possible to say because of that (an other one can be that Swarm isn't very popular). Btw, I'm talking about TAT token, here is the article https://swarm.fund/press-news/tatmeetsfirstfundinggoal/

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: TheCrimsonFucker on December 25, 2018, 12:44:19 PM

When will it be possible to buy and sell DUSK?

Our listing on EthFinex and BitFinex had to be delayed by a few weeks. A combination of technical delay and the poor holiday listing climate drove the decision to aim for the second week of January as the new target listing date, most probably between the 7th and the 9th.

This should give our partners at EthFinex and BitFinex enough time to clear the technical schedule, whilst it should be a much more favorable listing period for our investors and people looking to enter in the secondary market.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: Token Williams on December 25, 2018, 06:19:44 AM

Merry X-mas everyone, let's hope 2019 is a better crypto year than 2018. With projects like Dusk that shouldn't be too bad!!!

Thank you very much, I hope you've enjoyed the Christmas days as well Wink

Frank37

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Activity: 770

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CryptoTalk.Org - Get Paid for every Post!

Quote from: DuskNetwork on December 28, 2018, 05:24:04 AM

[DUSK PODCAST] Analysis in Chains

We had a great interview with Nathan from Analysis in Chains in which we talked about our Protocol, the secondary markets, how we are building a fully decentralized solution, and the importance of having a clear target market.

How to learn more about Dusk Network
What is Dusk Network? Dusk eliminates the middlemen in regulated markets by using cryptography to implement privacy and trading restrictions on chain. This means we offer Security Tokenization that is private, scalable, and cheap.

Please consider joining us at the following media:

Nice to hear you at analysisinchain, english is slow, clear spoken and not so difficult to understand, I like this. Grin

I just realized that it was already 8 days ago, so you also made a rest to celebrate with your families,
thats good, recreation is important, especially in this stressful business.

Makkara

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Activity: 1064

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Quote from: beeelzebub on December 28, 2018, 05:30:47 AM

Sto's can be great for the ecosystem also.

Because if Sto's earn good profit they will payout dividends and that need to be in eth or btc (or something in top 10). So, a big area where can cryptocurrencies be used.

I reckon people investing money from now on want to have some kind of return, sto could provide that, the time for icos is probably over Cool

beeelzebub

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Bcnex - The Ultimate Blockchain Trading Platform

Sto's can be great for the ecosystem also.

Because if Sto's earn good profit they will payout dividends and that need to be in eth or btc (or something in top 10). So, a big area where can cryptocurrencies be used.

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 37. (Read 145674 times)